[Form 4] Life360, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Life360, Inc. (LIF) director Mark Goines received a grant of 189 Restricted Stock Units (RSUs) on 09/01/2025. Each RSU vests into one share on settlement; one-third vests on November 15, 2025, and the remaining two-thirds vest in equal quarterly installments thereafter, subject to continuous service. The reported RSUs were granted at a $0 price. After the reported transaction, the filing shows 6,070 shares beneficially owned directly and 71,809 shares held indirectly by the Goines Wong Living Trust. The filing also notes 3,055 previously granted RSUs included in the totals.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director RSU grant with standard multi-date vesting; appears routine and aligned with long-term retention practices.
The 189 RSU award uses customary service-based vesting: one-third at a fixed date then quarterly thereafter, which aligns incentives with continued board-level service. The grant price reported as $0 indicates equity compensation rather than a cash purchase; this is consistent with typical director equity awards. The filing discloses both direct holdings (6,070 shares) and indirect holdings via a family trust (71,809 shares), providing transparency on potential beneficial ownership and related-party alignment.
TL;DR: Transaction is small relative to total holdings and likely not market-moving; disclosure is clear on vesting and ownership.
The 189 RSUs are modest in size compared with the aggregated direct and indirect holdings reported. The explicit vesting schedule and inclusion of 3,055 previously granted RSUs clarify future potential dilution and timing of share settlements. No sales, exercises, or disposals are reported in this filing; the activity is an award rather than a market disposition, reducing immediate liquidity or float impact.